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    Property profile & analytics

    2480 Bancroft Way Berkeley, CA 94704-1609

    • Retail space
    • 5,850 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $4,470,000
    Last Sale
    Oct 09, 2020
    $4,000,000
    Location Intelligence
    Property ID
    US09-7749256
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • IDENTITY Logan Park - Leasing Office / Apartment Rental Agency

    Property Details for 2480 Bancroft Way

    Year built
    1930
    Construction
    TILT-UP CONCRETE
    Lot size
    0.15 lot acres
    Property size
    5,850 SF
    Property type
    Retail space
    APN
    55-1878-22
    APU
    55187822

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,675,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,560,000
      6.5%
      $4,020,000
      7%
      $3,685,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,000,000
      Geo Method
      $4,125,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,980,000
      Retail
      $4,510,000
      Mixed-Use
      $4,365,000
      Hospitality
      $3,845,000
      Educational
      $3,900,000
      Residential Income
      $4,505,000
      Energy
      $4,000,000
      Income-Based Land
      $4,400,000
      Food Service
      $3,295,000

    Location Insight

    • Map
    • Local Demand
    City
    Berkeley
    County
    Alameda
    State
    California
    Longitude
    -122.26
    Latitude
    37.8684
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $63,484
    $2,122,400
    $2,122,400
    $4,244,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,349 SF

      2480 Shattuck Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,349 SF
      2480 Shattuck Ave, Berkeley, CA 94704-2029
      View Details
    • Value Estimation by Request
      4,056 SF

      2120 Shattuck Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,056 SF
      2120 Shattuck Ave, Berkeley, CA 94704-1209
      View Details
    • Value Estimation by Request
      6,248 SF

      2590 Telegraph Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,248 SF
      2590 Telegraph Ave, Berkeley, CA 94704-2920
      View Details
    • Value Estimation
      $1,010,000
      11,557 SF

      2450 Shattuck Ave

      RETAIL STORES (PERSONAL SERVICES) • 11,557 SF
      2450 Shattuck Ave, Berkeley, CA 94704-2029
      View Details
    • Value Estimation by Request
      11,032 SF

      2500 Telegraph Ave

      RETAIL STORES (PERSONAL SERVICES) • 11,032 SF
      2500 Telegraph Ave, Berkeley, CA 94704-2918
      View Details
    • Value Estimation by Request
      7,532 SF

      1941 University Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,532 SF
      1941 University Ave, Berkeley, CA 94704-1254
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Pre-approved, high-density project, prime location.
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      807 SF

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      Retail Property For Sale

      Retail property available for purchase in Berkeley, California.
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    Similar Nearby for Lease

    • Contact for pricing
      5,048 SF

      Berkeley Retail Space Available Now

      Retail spaces available in Downtown Berkeley, near restaurants and entertainment.
      2000 Shattuck Ave, Berkeley, CA 94704
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    • Contact for pricing
      1,553 SF

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      Retail space ideal for fitness or dance studio use.
      2055 Center St, Berkeley, CA 94704
      View Details
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      Retail Space in Downtown Berkeley

      Retail space available in high-traffic downtown Berkeley location.
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    • Contact for pricing
      955 SF

      Retail Space with Patio in Berkeley

      955 SF retail space with patio and high ceilings.
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      1,506 SF

      Berkeley Retail Space For Lease

      Retail space available in dynamic Berkeley location near UC Berkeley.
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    • Contact for pricing
      10,935 SF

      Iconic Telegraph Building Retail Space

      Retail space in Berkeley's cultural and commercial hub.
      2464 Telegraph Ave, Berkeley, CA 94704
      View Details
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    Berkeley, CA 94704-1609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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